The Monthly Account of the Union Government of India upto the month of  December, 2020 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹11,21,678 crore (50% of corresponding BE2020-21 of Total Receipts) upto December, 2020 comprising of₹9,62,399 crore Tax Revenue (Net to Centre), ₹1,26,181crore of Non Tax Revenue and ₹33,098 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (₹14,202crore) and Disinvestment proceeds (₹18,896crore).₹3,71,640 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto December 2020.

Total Expenditure incurred by Government of India is ₹22,80,147 crore (75% of corresponding BE 2020-21), out of which ₹19,71,173 crore is on Revenue Account and ₹3,08,974crore is on Capital Account. Out of the Total Revenue Expenditure, ₹4,72,171 crore is on account of Interest Payments and ₹2,27,352 crore is on account of Major Subsidies.

Government receipts and expenditure composition showing tax, non tax, capital receipts and devolutions to states. Consolidated monthly accounts report the Union Government's receipts by Tax Revenue, Non-Tax Revenue and Non-Debt Capital Receipts, and record transfers made as Devolution of Share of Taxes to states. The statement also discloses total expenditure divided into Revenue and Capital accounts, with major Revenue Expenditure items identified as Interest Payments and Major Subsidies, enabling assessment of fiscal composition between recurrent obligations and capital outlays.